Foundational [LO 2-1, LO 2-2, LO 2-3, LO 2-4, LO 2-6, LO 2-7] [The following information applies to the questions displayed below.] Martinez Company’s relevant range of production is 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows: Amount Per Unit Direct materials $ 6.10 Direct labor $ 3.60 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 4.10 Fixed selling expense $ 3.10 Fixed administrative expense $ 2.10 Sales commissions $ 1.10 Variable administrative expense $ 0.55 Foundational 2-3 3. If 9,000 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.)
Variable cost per unit sold =Direct materials+direct labor+variable man overhead+sales commision+variable adm expenses
Variable cost per unit =6.1+3.6+1.4+1.1+.55
Variable cost per unit sold =12.75
Foundational [LO 2-1, LO 2-2, LO 2-3, LO 2-4, LO 2-6, LO 2-7] [The following information...
Required information Foundational [LO 2-1, LO 2-2, LO 2-3, LO 2-4, LO 2-6, LO 2-7] The following information applies to the questions displayed below. Martinez Company's relevant range of production is 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing Amount Per Unit $6.70 $4.20 $1.40 overhead Fixed manufacturing overhead $4.70 Fixed selling expense Fixed administrative expense $2.10 Sales commissions Variable administrative expense $0.55 $3.70...
[The following information applies to the questions displayed below.] Martinez Company’s relevant range of production is 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows: Amount Per Unit Direct materials $ 6.10 Direct labor $ 3.60 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 4.10 Fixed selling expense $ 3.10 Fixed administrative expense $ 2.10 Sales commissions $ 1.10 Variable administrative expense $ 0.55 2. For financial accounting purposes, what...
For
Financial accounting purposes, what is the total amount of product
costs incurred to make 11,000 units?
Martinez Company's relevant range of production is 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount Per Unit $ 6.10 $3.60 $ 1.40 $ 4.10 $ 3.10 $ 2.10 $ 110 $0.55
1. if 9,000 units are sold, what is the variable cost per unit
sold?
2. if 9,000 units are sold what is the total amount of
variable costs related to the units sold?
Martinez Company's relevant range of production is 8.500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount...
Check my work Required information (The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7.500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost Per Unit $6.10 $3.60 $1.40 $4.00 $3.10 $2.10 $1.10 $0.55 5. If 8,000 units are produced...
Check my work Required information The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost Per Unit $6.10 $3.60 $1.40 $4.00 $3.10 $2.10 $1.10 $0.55 12. If 12,500 units are produced,...
Martinez Company's relevant range of production is 7,500 units to 12.500 units. When It produces and sells 10,000 units, its average costs per unit are as follows Average Cost Per Unit $ 6.10 $3.60 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ 1.40 $ 4.00 $3.10 $2.10 $ 1.10 $ 0.55 Foundational 1-6 6. If 12,500 units are produced and soid, what is the total amount...
Martinez Company's relevant range of production is 7,500 units to 12,500 units. When It produces and sells 10,000 unlts, Its average costs per unlt are as follows: Average Cost Per Unit $6.10 $3.60 $1.40 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ 4.00 $3.10 $ 2.10 $1.10 $ 0.55 Foundational 1-5 5, ir 8,000 u produced and sold? (Do not round intermediate calculetions.) nits are produced...
yen1 Saved He O Required information [The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows: Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount Per Unit $5.10 $2.60 $1.60 $3.10 $2.10 $2.10 $1.10 $0.55 3. If 9,000 units are sold, what is...
Martinez Company's relevant range of production is 8.500 units to 13,500 units. When It produces and sells 11.000 units, Its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Vanable administrative expense Amount Per Unit $ 6.10 $3.60 $ 1.40 $ 4.10 $ 3.10 $ 2.10 $ 1.10 $0.55 8. If 13,500 units are produced, what is the average fixed manufacturing cost per unit produced? (Round...